USD in a nutshell. In 2019, the US Economy will be slowing down
GDP growth will slow down to 2.7%
Unemployment rate will go up to 4%
Consumer confidence will go down
Business confidence will go down as well
Government debt will continue to rise
Inflation will go up 2.2 - 2.6
Interest rate will be increased twice 2.5 - 2.75
Even though, those future data will be bad.
USD will continue to be strong and will continue to go up.
Becuase....
EU cant get their acts together
GBP will still be in a mess with their Brexit
AUD and NZD will be caught in the cross fire between US-China Trade war
JPY and CHF will continue to declare that their economy is fragile and do nothing.
So......
DXY will be 98-99 at the end of the year........
Good bye 2018 and Hello 2019!
The year of the PIG! Pigs are frugal they say
So 2019 will be the year that we all tighten all our belts with this impending global economic slow down.......
(These are the author's own personal views and NOT in any way a trade advise......)
GDP growth will slow down to 2.7%
Unemployment rate will go up to 4%
Consumer confidence will go down
Business confidence will go down as well
Government debt will continue to rise
Inflation will go up 2.2 - 2.6
Interest rate will be increased twice 2.5 - 2.75
Even though, those future data will be bad.
USD will continue to be strong and will continue to go up.
Becuase....
EU cant get their acts together
GBP will still be in a mess with their Brexit
AUD and NZD will be caught in the cross fire between US-China Trade war
JPY and CHF will continue to declare that their economy is fragile and do nothing.
So......
DXY will be 98-99 at the end of the year........
Good bye 2018 and Hello 2019!
The year of the PIG! Pigs are frugal they say
So 2019 will be the year that we all tighten all our belts with this impending global economic slow down.......
(These are the author's own personal views and NOT in any way a trade advise......)
